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PUBLISHER: Polaris Market Research | PRODUCT CODE: 1338918
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1338918
Bunion Correction Systems Market Share, Size, Trends, Industry Analysis Report, By Product (Implants & Accessories, Wearables, and Others); By End-Use' By Region; Segment Forecast, 2023- 2032
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The global bunion correction systems market size is expected to reach USD 1,381.42 million by 2032, according to a new study by Polaris Market Research. The report "Bunion Correction Systems Market Share, Size, Trends, Industry Analysis Report, By Product (Implants & Accessories, Wearables, and Others); By End-Use; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The extensive rise in the prevalence of minimally invasive procedures, which offers a shorter hospital stay, less postoperative pain, and a faster return to normal activities, and the availability of new and more improved systems with advanced features and characteristics are among the prominent factors propelling the market growth. Furthermore, the surge in the number of people engaged in physical activities like running and dancing that put stress on the feet and can cause bunions has led to increased need and demand for treatment procedures.
For instance, in December 2022, Arthrex unveiled its new minimally invasive bunionectomy system, an effective alternative to traditional bunion correction. It allows surgeons to achieve complete bunion correction with tiny incisions, decreased pain & swelling, and quick recovery compared to other open procedures.
In recent years, 3D printing technology has revolutionized the design and production of these systems, as, with the development and introduction of this technology, custom-made orthotics and implants can now be created quickly and affordably using 3D printing. Several types of implantable devices, such as the Lapiplasty 3D Bunion Correction System, have also been developed to correct bunions by addressing the major cause of the problem, not only the symptoms.
Numerous types of pain management techniques, including nerve blocks and many others, are being widely used across the globe to minimize the discomfort or pain during and after the bunion correction surgery, which leads to faster recovery times and overall improved patient outcomes, which in turn, positively influences the market worldwide.
In addition, many researchers and large research institutes across the world are highly focused on the exploration of new areas of bunion correction systems and related treatments, such as exploring the potential of stem cells and other regenerative therapies for effective bunion repair, which is creating lucrative growth opportunities and potential for the market.
Bunion Correction Systems Market Report Highlights
Wearables segment accounted for largest market share in 2022, on account of growing incidences of bunion worldwide and innovation in these devices for all age group patients
Hospitals segment held the significant market revenue share in 2022, which is mainly driven by surge in the number of patients opting for the procedures at hospitals and rising investments towards the incorporation of innovated systems
North America region dominated the global market with healthy share in 2022, owing to quick adoption of innovated techniques and systems and presence of well-developed healthcare infrastructure in the region
The global key market players include: Zimmer Biomet Holdings, Stryker Corporation, Wright Medical Technology, Extremity Medical LLC, Orthofix Holdings, OrthoHelix Surgical Designs, and Arthrex
Polaris Market Research has segmented the bunion correction systems market report based on product, end-use, and region:
Bunion Correction Systems, Product Outlook (Revenue - USD Million, 2018 - 2030)
- Implants & Accessories
- Wearables
- Others
Bunion Correction Systems, End-Use Outlook (Revenue - USD Million, 2018 - 2030)
- Hospitals
- Ambulatory Centers
- Specialty Centers
Bunion Correction Systems, Regional Outlook (Revenue - USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Product Code: PM3362
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Bunion Correction Systems Market Insights
- 4.1. Bunion Correction Systems Market - Industry Snapshot
- 4.2. Bunion Correction Systems Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising prevalence of arthritis
- 4.2.1.2. Availability of wide variety of various surgical and nonsurgical techniques
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Patient's Ignorance towards the Condition
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Bunion Correction Systems Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Bunion Correction Systems Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Bunion Correction Systems, by Product, 2019-2032 (USD Million)
- 5.3. Implants & Accessories
- 5.3.1. Global Bunion Correction Systems Market, by Implants & Accessories, by Region, 2019-2032 (USD Million)
- 5.4. Wearables
- 5.4.1. Global Bunion Correction Systems Market, by Wearables, by Region, 2019-2032 (USD Million)
- 5.5. Others
- 5.5.1. Global Bunion Correction Systems Market, by Others, by Region, 2019-2032 (USD Million)
6. Global Bunion Correction Systems Market, by End-Use
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 6.3. Hospitals
- 6.3.1. Global Bunion Correction Systems Market, by Hospitals, by Region, 2019-2032 (USD Million)
- 6.4. Ambulatory Centers
- 6.4.1. Global Bunion Correction Systems Market, by Ambulatory Centers, by Region, 2019-2032 (USD Million)
- 6.5. Specialty Centers
- 6.5.1. Global Bunion Correction Systems Market, by Specialty Centers, by Region, 2019-2032 (USD Million)
7. Global Bunion Correction Systems Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Bunion Correction Systems Market Assessment, By Geography, 2019-2032 (USD Million)
- 7.3. Bunion Correction Systems Market - North America
- 7.3.1. North America: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.3.2. North America: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.3.3. Bunion Correction Systems Market - U.S.
- 7.3.3.1. U.S.: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.3.3.2. U.S.: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.3.4. Bunion Correction Systems Market - Canada
- 7.3.4.1. Canada: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.3.4.2. Canada: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.4. Bunion Correction Systems Market - Europe
- 7.4.1. Europe: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.4.2. Europe: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.4.3. Bunion Correction Systems Market - UK
- 7.4.3.1. UK: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.4.3.2. UK: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.4.4. Bunion Correction Systems Market - France
- 7.4.4.1. France: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.4.4.2. France: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.4.5. Bunion Correction Systems Market - Germany
- 7.4.5.1. Germany: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.4.5.2. Germany: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.4.6. Bunion Correction Systems Market - Italy
- 7.4.6.1. Italy: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.4.6.2. Italy: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.4.7. Bunion Correction Systems Market - Spain
- 7.4.7.1. Spain: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.4.7.2. Spain: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.4.8. Bunion Correction Systems Market - Netherlands
- 7.4.8.1. Netherlands: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.4.8.2. Netherlands: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.4.9. Bunion Correction Systems Market - Russia
- 7.4.9.1. Russia: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.4.9.2. Russia: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.5. Bunion Correction Systems Market - Asia Pacific
- 7.5.1. Asia Pacific: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.5.2. Asia Pacific: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.5.3. Bunion Correction Systems Market - China
- 7.5.3.1. China: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.5.3.2. China: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.5.4. Bunion Correction Systems Market - India
- 7.5.4.1. India: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.5.4.2. India: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.5.5. Bunion Correction Systems Market - Malaysia
- 7.5.5.1. Malaysia: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.5.5.2. Malaysia: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.5.6. Bunion Correction Systems Market - Japan
- 7.5.6.1. Japan: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.5.6.2. Japan: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.5.7. Bunion Correction Systems Market - Indonesia
- 7.5.7.1. Indonesia: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.5.7.2. Indonesia: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.5.8. Bunion Correction Systems Market - South Korea
- 7.5.8.1. South Korea: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.5.8.2. South Korea: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.6. Bunion Correction Systems Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.6.2. Middle East & Africa: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.6.3. Bunion Correction Systems Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.6.3.2. Saudi Arabia: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.6.4. Bunion Correction Systems Market - UAE
- 7.6.4.1. UAE: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.6.4.2. UAE: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.6.5. Bunion Correction Systems Market - Israel
- 7.6.5.1. Israel: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.6.5.2. Israel: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.6.6. Bunion Correction Systems Market - South Africa
- 7.6.6.1. South Africa: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.6.6.2. South Africa: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.7. Bunion Correction Systems Market - Latin America
- 7.7.1. Latin America: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.7.2. Latin America: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.7.3. Bunion Correction Systems Market - Mexico
- 7.7.3.1. Mexico: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.7.3.2. Mexico: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.7.4. Bunion Correction Systems Market - Brazil
- 7.7.4.1. Brazil: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.7.4.2. Brazil: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- 7.7.5. Bunion Correction Systems Market - Argentina
- 7.7.5.1. Argentina: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- 7.7.5.2. Argentina: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Stryker Corporation
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Zimmer Biomet Holdings
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Wright Medical
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Extremity Medical
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Acumed LLC
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. CrossRoads Extremity Systems
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Orthofix Holdings
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. OrthoHelix Surgical
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. De Puy Systems
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Arthrex
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. BioPro Inc
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. Aspire Bariatrics
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
- 9.13. Medtronic
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Recent Development
- 9.14. Entero Healthcare
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.14.4. Recent Development
Product Code: PM3362
List of Tables
- Table 1 Global Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 2 Global Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 3 Bunion Correction Systems Market Assessment, By Geography, 2019-2032 (USD Million)
- Table 4 North America: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 5 North America: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 6 U.S.: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 7 U.S.: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 8 Canada: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 9 Canada: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 10 Europe: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 11 Europe: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 12 UK: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 13 UK: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 14 France: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 15 France: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 16 Germany: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 17 Germany: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 18 Italy: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 19 Italy: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 20 Spain: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 21 Spain: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 22 Netherlands: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 23 Netherlands: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 24 Russia: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 25 Russia: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 26 Asia Pacific: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 27 Asia Pacific: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 28 China: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 29 China: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 30 India: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 31 India: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 32 Malaysia: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 33 Malaysia: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 34 Japan: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 35 Japan: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 36 Indonesia: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 37 Indonesia: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 38 South Korea: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 39 South Korea: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 40 Middle East & Africa: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 41 Middle East & Africa: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 42 Saudi Arabia: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 43 Saudi Arabia: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 44 UAE: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 45 UAE: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 46 Israel: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 47 Israel: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 48 South Africa: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 49 South Africa: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 50 Latin America: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 51 Latin America: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 52 Mexico: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 53 Mexico: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 54 Brazil: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 55 Brazil: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
- Table 56 Argentina: Bunion Correction Systems Market, by End-Use, 2019-2032 (USD Million)
- Table 57 Argentina: Bunion Correction Systems Market, by Product, 2019-2032 (USD Million)
List of Figures
- Figure 1 Global Bunion Correction Systems Market, 2019-2032 (USD Million)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Geography
- Figure 5 Porter's Five Forces
- Figure 6 Market by End-Use
- Figure 7 Global Bunion Correction Systems Market, by End-Use, 2022 & 2032 (USD Million)
- Figure 8 Market by Product
- Figure 9 Global Bunion Correction Systems Market, by Product, 2022 & 2032 (USD Million)
- Figure 10 Bunion Correction Systems Market Assessment, By Geography, 2019-2032 (USD Million)
- Figure 11 Strategic Analysis - Bunion Correction Systems Market
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